Quote:
Originally Posted by Chicks
|
What a cheapskate just to avoid shelling out $350K while bragging how many billions he is worth? from the link, last paragraph is worrisome.
Quote:
|
Presidential income tax returns are subject to mandatory audit . The IRS can decide whether Trump’s transfers were truly gifts. If they were, which seems likely, Trump’s failure to file a gift tax return opens him up to penalties and fines, or even criminal charges. Perhaps such a charge wouldn’t go anywhere, since the president must consent to being indicted by a federal prosecutor. But tax law would permit them.
|
__________________
The issue today is the same as it has been throughout all history, whether man shall be allowed to govern himself or be ruled by a small elite. Thomas Jefferson
|